By: A.M Oktarina Counsellors at Law
Nasfiahtul Istani Daely, S.H.
Noverizky Tri Putra Pasaribu, S.H. LL.M (Adv)
The International Mining and Resources Conference (IMARC) is where global mining leaders connect with technology, finance and the future. Since the last six years, IMARC bringing together over 7000 decision makers, mining leaders, policymakers, investors, commodity buyers, technical experts, innovators and educators from over 100 countries to Melbourne for four days of learning, deal-making and unparalleled networking.
Recently, IMARC Melbourne invited Mr. Noverizky Tri Putra Pasaribu, S.H., LL.M (Adv) as the Founding Partner of A.M Oktarina Counsellors at Law (“AMO”) to be one of the invitees of IMARC. As one of growing firm in Indonesia, AMO provide a wide range of services specializing in energy and mining projects with qualified attorneys to fulfill and achieve the client’s needs and goals. AMO assist the client to structure, acquire, carry out legal due diligence, Power Purchase Agreement (PPA), EPC contract, compliance, manage the Client’s investment in cost efficient as possible and the other law issues.
Mr. Noverizky realized how mining business trully important in the future, without an effective mining legislation that regulates the business between the State and the investors, it will be difficult to manage an important sector such as mining in the future. Mr. Noverizky added if speaking about legislation, one of the important concerns is policy certainty. The change in policy or legislation uncertainty can have debilitating effect on the profitability of any investment because the imbalance between central and regional regulations can hamper the process of mining company to carry out its business activities such as financing transactions for the mining company which potentially disturb the production process for the mining company.
According to Mr. Noverizky, this a wake up call that must be a mandatory policy for the government to take concern in their regulatory framework in Indonesia.
The International Mining and Resources Conference (IMARC) publication is available online at https://imarcmelbourne.com/